"Our biggest majority-owned business, Fitch Group, led the way with an outstanding performance across the world, particularly in its core bond ratings business."

"Fitch, led so well by CEO Paul Taylor, recorded record revenue and profit and grew market share in its core ratings business thanks to continued investment in strengthening its outstanding fundamental credit research and analysis. The global bond market was incredibly healthy in 2017. Investors’ strong desire for fixed income assets helped keep interest yields low, making it very attractive for companies around the world to issue more debt and more of that debt than ever carried a paid Fitch rating. At our Fitch Ratings unit, we named longtime executives Ian Linnell president, Karen Skinner chief operating officer and Brett Hemsley chief analytical officer."